Marcus & Millichap Foundation
- Assets
- $3.0m
- Revenue
- $158.1k
- Investments
- $2.3m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 77-0480868
Organization Overview
Marcus & Millichap Foundation is located in Palo Alto, CA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marcus & Millichap Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Marcus & Millichap Foundation generated $158.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $545.9k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marcus & Millichap Foundation has awarded 334 individual grants totaling $3,456,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George M Marcus Director/ President & CEO | 1 | $0 | |
Robert H Kennis Director | 1 | $0 | |
Geoffrey Bedroisan Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,646 |
| Dividends & Interest | $156,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $158,066 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,075 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $655 |
| Total operating and administrative expenses | $15,880 |
| Contributions, gifts, grants paid | $530,000 |
| Total expenses and disbursements | $545,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,174 |
| Savings and temporary cash investments | $575,998 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,987,292 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marcus & Millichap Foundation has awarded $530,000 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALTA MED PURPOSE: GENERAL PURPOSE | $5,000 |
ALL FIVE SCHOOL PURPOSE: GENERAL PURPOSE | $5,000 |
AVLASAM PURPOSE: GENERAL PURPOSE | $2,000 |
BAY AREA COUNCIL FOUNDATION PURPOSE: GENERAL PURPOSE | $25,000 |
BERKELEY REAL ESTATE FORUM PURPOSE: GENERAL PURPOSE | $15,000 |
BRIDGE HOUSING PURPOSE: GENERAL PURPOSE | $50,000 |